CIBC Dividend Unlimited™ World Elite MasterCardTM1 Card
Get up to 2% cash back on your purchases1
No limit on the amount of cash back you can earn
CIBC Dividend Unlimited® World Elite MasterCard™ Card
- Get an extra 2% cash back at select CIBC Bonus Rewards locations
- Earn a bonus of $25 in cash back rewards if your net annual card spend is more than $45,000 annually2
- Option to spend over your credit limit with no overlimit fee3
The more you charge, the more you earn
Earn an additional 2% cash back at participating CIBC Bonus Rewards establishments.
0.5%0.5% cash back on your first $3,000 in net annual card purchases
1.0%1.0% cash back on your next $12,000 in net annual card purchases (between $3,000 and $15,000)
1.5%1.5% cash back on your next $20,000 in net annual card purchases (between $15,000 and $35,000)
2.0%2.0% cash back on your next $15,000 in net annual card purchases (between $35,000 and $50,000)
1.0%1.0% cash back on any net annual card purchases exceeding $50,000
Find out how much cash back you could be earning
Use the slider to indicate your approximate monthly credit card purchases.
CIBC’s premium cash back card
This card is perfect if you:
- Want up to 2% cash back1 on purchases with no limit to how much you can earn
- Enjoy perks such as Avis® and Budget® car rental discounts4
- Want comprehensive insurance coverage including Out of Province Emergency Travel Medical Insurance5
- Want access to offers, experiences and amenities – visit mastercard.ca
- Would like the MasterCard World Elite Personal Concierge, your personal on-call assistant for all your special requests. Call 1-888-531-39246
- Like the option of additional purchasing power over your credit limit with no overlimit fee3
- Have a minimum personal income of $70,000 or a minimum household income of $120,000
Annual Fee: $79Each Additional Card: $30 per year (3 card maximum)
Interest Rate - Purchases7: % Interest Rate - Cash7: %
Travel confidently with CIBC Insurance.
- Flight Delay and Baggage Insurance for lost, stolen, damaged or delayed checked baggage5
- Auto Rental Collision/Loss Damage Insurance5
- Out-of-Province Emergency Travel Medical Insurance5
- $1,000,000 Common Carrier Accident Insurance5
- Trip Interruption Insurance5
- Purchase Security & Extended Warranty Insurance5
- CIBC Payment Protector™ Insurance for credit cards
Agreements and Insurance
Even more reasons to choose the
CIBC Dividend Unlimited World Elite MasterCard
Authorized User Spending Limits
Assign specific spending limits for purchases and cash to your authorized user(s)8 - at no cost.
Innovative credit management tools to help you better manage your credit card spending, and protection features for enhanced security.
CIBC Mobile Banking®
On-the-go banking 24/7 with CIBC Mobile Banking Apps for iPhone, iPad, Android™ and Blackberry®.
CIBC Online Banking®
View electronic statements, make payments and transfers, increase credit limits, request additional cards, and more.
Available on your MasterCard PayPass-enabled credit card and eligible registered smartphone through the CIBC Mobile Payment App. This no-fee payment feature is a great alternative to using cash for small purchases up to $100. Simply look for merchant terminals with the symbol, hold your CIBC MasterCard card or smartphone in front of the merchant terminal and you’re on your way.9
Ratings and Reviews
1 Cash back (or Dividend Dollars®) is earned on a tiered basis on card purchases less returns and not earned on cash advances, interest, fees, balance transfers, payments or regular CIBC Convenience Cheques. Cash back is calculated as follows: on the first $3,000 in net annual card purchases on your Dividend Unlimited World Elite MasterCard Card account, the cash back earned is 0.5%; on the next $12,000 in net annual card purchases, the cash back earned is 1%; on the next $20,000 in net annual card purchases, the cash back earned is 1.5%; on the next $15,000 in net annual card purchases, the cash back is 2%; and on net annual card purchases greater than $50,000, the cash back earned is 1%. Program terms may change without notice. Cash back earned on purchases is credited to you when the December monthly statement is issued. If your card is not in good standing when the December monthly statement is issued, cash back earned on purchases may not be credited to you.…
2 A $25 cash back credit will be made on your December monthly statement if your net annual card spend is greater than $45,000 between your preceding December monthly statement and your following December monthly statement. The $25 cash back credit is earned on purchases excluding returns and not on cash advances, interest fees, balance transfers, payments or regular CIBC Convenience Cheques. A fraction of a cent will be rounded up to the nearest cent. The $25 cash back may not be credited to you if your card is not in good standing when the December monthly statement is issued. Program terms may change without notice.
3 Additional purchasing power over your credit limit does not mean unlimited spending and is itself subject to a limit. The amount of your additional purchasing power over your credit limit is determined based on an assessment of various factors including your payment history and spending patterns. You must repay any amount over your credit limit by your card payment due date.
4 Discounts are determined by the participating rental agency and apply to time and kilometre/mileage charges only.
5 Insurance coverage(s) included with CIBC credit cards is underwritten by Royal & Sun Alliance Insurance Company of Canada (RSA). Different cards may have different coverage(s). To learn about included insurance coverage(s), and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see www.cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance coverage(s) require purchase(s), auto rentals, common carrier fares and other trip costs to be charged to the card to activate coverage (other conditions may also apply). Auto Rental Collision/Loss Damage Insurance (CLDI) is available for automobile rentals up to 48 days. The full cost of the rental must be charged to the card and the rental agency’s Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) must be declined. CLDI provides coverage up to the actual cash value (ACV) of the rental vehicle as defined in your insurance certificate. Note that some rental agencies may assess their damages at an amount greater than the ACV of the rental vehicle and you may be liable to them for the difference. Before declining the rental agency’s CDW or LDW, you should read carefully and compare the terms of the rental agreement, the CLDI insurance certificate in your card package and any other insurance you own to decide which coverage best meets your protection needs. Out-of-Province Emergency Travel Medical Insurance (TMI) is for the first 15 days of a trip including the day of departure; primary cardholder must be age 64 or under; if they are, then their spouse also may be insured if age 64 or under, and dependent children; TMI may not cover medical procedures performed without pre-approval; Trip Interruption Insurance covers you for eligible expenses that may arise if a trip charged to your card is disrupted due to a medical emergency or other covered event that happens while you are travelling. TMI and Trip Interruption Insurance do not cover certain pre-existing health/medical conditions. Certain RSA coverages are “excess insurance” (all other sources of insurance and recovery must be exhausted before coverage is available). For more information, call RSA toll-free at 1-866-363-3338 in Canada, continental U.S. and Hawaii or collect from elsewhere at 905-403-3338.
6 This service is provided by MasterCard International Inc. The complete terms and conditions of this service are at found at: https://www.cibc.com/ca/pdf/credit-cards/world-elite-terms-conditions-en.pdf
7 Interest rates will change from time to time on at least 30 days prior notice to primary cardholders. “Cash” means cash advances, balance transfers and CIBC Convenience Cheques.
8 The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized users by contacting CIBC. CIBC may make adjustments to the spending limits any time following a decrease in the credit limit or cash limit of the card. The spending limits for authorized users will be subject to the overall credit limit and cash limit on the credit card account, so the funds available to an authorized user may be less than the spending limit set. An Authorized User Spending Limit will reset monthly, or earlier if requested by the primary cardholder or if a payment on the credit card account is made by the applicable authorized user. For full details visit cibc.com/spendinglimits
9 Subject to merchant transaction limits. The Authorized User Spending Limit and the CIBC Mobile Payment App features cannot be used on the same credit card account.
10 The rewards calculator tool is only for general illustration purposes; your actual results may differ. Aeroplan Miles/ Aventura Points/cash back/Tim Cash/PETRO-POINTS are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aeroplan Mile/Aventura Point redemptions (as applicable). For the Aerogold Visa Infinite Card, the Aventura Visa Infinite Card and the Aerogold Visa Card, 50% more Aeroplan Miles or Aventura Points on gas, grocery and drug store card purchases is only available on the first $80,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For the Aerogold Visa Infinite Privilege Card, 50% more Aeroplan Miles on gas, grocery and drug store card purchases is only available on the first $100,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For CIBC cash back credit cards, cash back is earned on a tiered basis and is dependent upon the net annual dollar amount spent on the card over the year to date. For details about earning and redeeming rewards, the Welcome Bonus and other card benefits, including terms and conditions, review the benefit guides found here.
All information is valid at the time of publication and is subject to change without notice.